Consensus Mechanisms Flashcards

1
Q

PoW – how is consensus leader chosen?

A

First miner to hash a block header below target difficulty wins.

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2
Q

PoW – biggest downside?

A

High energy consumption and pooling → potential 51 % centralisation.

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3
Q

PoS – how is block proposer selected?

A

Pseudo‑random selection weighted by each validator’s staked coins.

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4
Q

PoS – main security incentive?

A

Misbehaving validator’s stake can be slashed (burned).

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5
Q

DPoS – core mechanism?

A

Token holders elect a small set of delegates who alternate block production.

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6
Q

PBFT – fault tolerance rule?

A

Consensus holds if <33 % of nodes are faulty/malicious.

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7
Q

FBA (e.g., Stellar) – unique feature?

A

Nodes rely on overlapping quorum slices, not the whole network, for agreement.

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8
Q

PoW vs PoS – resource expended?

A

PoW burns electricity; PoS locks capital.

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9
Q

Typical confirmation time: PoW vs PoS?

A

PoW uses probabilistic ~1 hour (6 blocks); PoS can finalise in minutes (checkpoint).

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10
Q

Name two PoS‑specific attack vectors.

A

Nothing‑at‑stake; Long‑range attack.

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